Vijayaa Steels Limited
About Vijayaa Steels Limited
Data last updated:
Vijayaa Steels Limited is a public limited company based in Tumkur, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 31 July 1972.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1972PLC002224. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.82 Cr. It is led by directors including Sawarrmal Tulsyan and Biina Tulsyan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Chinnathimmanapalya (Subbayyanapalya) A Hosahalli Dakale Kunigal Taluk, Tumkur, Karnataka, India – 572130.
As per MCA filings, the company has open charges of ₹19.87 Cr and satisfied charges of ₹314.22 Cr on record. Court records list 25 cases involving the company, including 5 filed by the company and 20 filed against it; 1 case is pending.
Company details
CIN history
Vijayaa Steels has one previous CIN (Corporate Identification Number): U85110KA1972PTC002224. The current CIN is U85110KA1972PLC002224, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1972PLC002224 | Current |
| U85110KA1972PTC002224 | Previous |
Contact details
Vijayaa Steels Limited's registered office is in Tumkur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressChinnathimmanapalya (Subbayyanapalya) A Hosahalli Dakale Kunigal Taluk, Tumkur, Karnataka, India – 572130
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Vijayaa Steels Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vijayaa Steels is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Vijayaa Steels Limited, buy the company report.
Financials of Vijayaa Steels Limited
FY 2022 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Vijayaa Steels Limited, buy the company report.
Board of directors of Vijayaa Steels Limited
Vijayaa Steels has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanth Rao Bhim Rao Ingle | Additional Director | 11 Jul 2020 | 6 Years 3 Months | As last reported |
| Sawarrmal Tulsyan | Director | 16 May 1991 | 35 Years 5 Months | As last reported |
| Biina Tulsyan | Director | 05 Jan 2006 | 20 Years 10 Months | As last reported |
Shareholding
The shareholding of Vijayaa Steels Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
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| Others |
To see the full shareholding pattern of Vijayaa Steels Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2020 | 100362785 | Others | ₹4.25 Cr | Open | |
| 09 Dec 2002 | 90194435 | Ge Capital Transportation Financial Services Ltd | ₹8.5 Lakh | Open | |
| 07 May 2002 | 90192547 | Karnatka State Industrial Investment & Developmnet Cor. Ltd. | ₹7.5 Cr | Open | |
| 07 May 2000 | 90192257 | Karnataka State Industrial Investmemnt & Develolpment Corp. | ₹7.5 Cr | Open | |
| 16 Aug 1991 | 90190825 | Industrial Reconstruction Bank of India | ₹51 Lakh | Open |
To see the full charge records of Vijayaa Steels Limited, buy the company report.
Total charge records: 60 View all charges
Legal cases
Vijayaa Steels Limited has 25 court cases on record: 5 filed by Vijayaa Steels, 20 filed against it. 1 case is pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 15 | 0 |
| High courts | 7 | 2 | 1 |
| NCLT | 2 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Arbitration matter | Filed by the company against M/S Yeses Infrastructure Pvt Ltd | Pending |
| Supreme Court | Court case (1815-Ordinary Civil Matters : Matters relating to Electricity Dispute(connection/disconnection etc)) | Filed against the company by Bangalore Electricity Supply Company Limited (Bescom) THR. General Manger K R Circle, Bangalore ,Bangalore , Karnataka and 1 other | Disposed |
| NCLT, Bengaluru | Insolvency matter | Filed against the company by Yeses Infrastructure Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Yeses Infrastructure Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Chandramouli Oil and Engineering Pvt Ltd., | Disposed |
To see the full case history of Vijayaa Steels Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vijayaa Steels Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vijayaa Steels has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vijayaa Steels Limited, buy the company report.
Recent activity
Vijayaa Steels Limited has 7 board changes on record since 1991: 3 appointments and 4 cessations. The latest: Prashanth Rao Bhim Rao Ingle was appointed as Additional Director on 11 Jul 2020.
128 earlier events are in the company report.
Frequently asked questions
Vijayaa Steels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Vijayaa Steels is a company under insolvency, formerly operating as a public limited company based in Tumkur, Karnataka, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 31 July 1972 and is registered under CIN U85110KA1972PLC002224. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vijayaa Steels has 3 current directors:
- Prashanth Rao Bhim Rao Ingle - Additional Director
- Sawarrmal Tulsyan - Director
- Biina Tulsyan - Director
The latest financial statements of Vijayaa Steels on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Vijayaa Steels is U85110KA1972PLC002224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijayaa Steels has open charges of ₹19.87 Cr and satisfied charges of ₹314.22 Cr as per latest MCA filings.
Vijayaa Steels has 25 court cases on record: 5 filed by the company and 20 filed against it. 1 is pending. Most are in the district courts.
Vijayaa Steels was incorporated on 31 July 1972. It is registered with the Registrar of Companies, Bangalore.
Prashanth Rao Bhim Rao Ingle was appointed as Additional Director on 11 Jul 2020. Akkshye Tulsyan ceased to be Director on 31 Mar 2020. Santosh Mahajan ceased to be Director on 10 Oct 2011. Vijayaa Steels has 7 board changes on record in total.
The registered office of Vijayaa Steels is at Chinnathimmanapalya Subbayyanapalya A Hosahalli Dakale Kunigal Taluk, Tumkur, Karnataka, India – 572130.
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